O-LevelCommerceCredit7100/12 · Oct/Nov 2015 · Q81 Mark
Which statement about credit is not true?
ACredit enables buyers to purchase expensive goods.
BImpulse buying is encouraged by having credit available to use.
COffering credit to customers is risk-free for retailers.
DSpending on credit means borrowing against your future income.
✓ Correct answer
C: Offering credit to customers is risk-free for retailers.
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